The North’s economic development agency faces tough times ahead, its chairman admitted today.

The North's future prosperity hangs on its ability to create and sustain a high value-added and internationally competitive export-led economy, the chairman of the province’s economic development agency said today.

A US-owned technology company is to create another 400 jobs in the North as part of a £23m (€34.3m) expansion, it was announced today.

Northern Ireland’s economy is showing signs of recovery after two difficult years, but forecast growth will be too slow to close the prosperity gap with the rest of the UK, according to a major economic review published today.

A big jump in the poaching of key professionals by competitors coupled with a surge in demand for computer specialists and engineers is driving up salaries in Northern Ireland’s industries, according to a report published today.